NXG Nexgenrx Inc

NEXGENRX INC. ("NexgenRx" or the "Corporation") (TSX VENTURE:NXG) is pleased to
announce its 2011 annual results.


Revenue from transaction fees for the year ended December 31, 2011 was
$3,953,723 representing an increase of 12% over the prior year.


The net loss for the year was $616,253 ($0.01 per common share) compared with a
loss of $807,017 ($0.02 per common share) in the prior year.


"2011 was a year of significant accomplishments focused on new product
development, organic growth and continued balance sheet improvement.We continued
to see new business as a result of NexAdmin(R), our fully web-based
administration platform, which provides plan sponsors with superior
administrative functionality and complete control of their own data, independent
of any insurance carrier." stated Ron Loucks, President and CEO.


About NexgenRx 

NexgenRx is a growing health benefits management company engaged in the design,
management and administration of health benefit plans offered by employers and
other plan sponsors for the benefit of their employees and plan members. More
information on NexgenRx can be found at www.nexgenrx.com.


Caution Regarding Forward-Looking Statements - This news release contains
certain forward looking statements, including statements regarding the business
and anticipated financial performance of the Corporation. These statements are
subject to a number of risks and uncertainties. Actual results may differ
materially from results contemplated by the forward-looking statements. When
relying on forward-looking statements to make decisions, investors and others
should carefully consider the foregoing factors and other uncertainties and
should not place undue reliance on such forward-looking statements.

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